foreign direct investment in Central Europe may have helped the relatively favourable employment and earnings record of the … production. Employment and wages diverged considerably within the German automobile industry. Relative to skilled workers, the …

Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional … answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired … firing in recessions, while leaving hiring in booms unchanged. Thereby insider power reduces average employment. …